Mapletree banks face worse allocation headache with issuer in charge

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Mapletree banks face worse allocation headache with issuer in charge

The IPO of Mapletree Greater China Commercial Trust is heading for a blow-out, bankers said on Tuesday. That means an allocation nightmare awaits when books close next Monday — and for bankers working on the deal it will be worse than usual, as Mapletree will be making the decisions.

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